At For-Profit Colleges, Huge Sums and Problematic Pay

In 2004, when Todd S. Nelson was chief executive of the University of Phoenix, the nation’s largest for-profit college, he signed a $9.8 million settlement with the Department of Education, which found that Phoenix had “systematically and intentionally” broken the federal rules against paying recruiters for students. At For-Profit Colleges, Huge Sums and Problematic Pay